Advertisement
Singapore markets closed

  • Straits Times Index

    3,176.51
    -11.15 (-0.35%)
     

  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     

  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     

  • FTSE 100

    7,896.45
    +19.40 (+0.25%)
     

  • Bitcoin USD

    64,608.58
    +930.74 (+1.46%)
     

  • CMC Crypto 200

    1,389.19
    +76.57 (+6.20%)
     

  • S&P 500

    4,996.96
    -14.16 (-0.28%)
     

  • Dow

    37,966.98
    +191.60 (+0.51%)
     

  • Nasdaq

    15,445.12
    -156.38 (-1.00%)
     

  • Gold

    2,407.20
    +9.20 (+0.38%)
     

  • Crude Oil

    83.03
    +0.30 (+0.36%)
     

  • 10-Yr Bond

    4.6080
    -0.0390 (-0.84%)
     

  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     

  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     

  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

Harley-Davidson increases dividend, stock buyback

Harley-Davidson set plan to buy back up to 20M shares of stock, raises dividend to 27.5 cents

Associated Press

MILWAUKEE (AP) -- Harley-Davidson Inc. said Wednesday its board authorized it to buy back up to 20 million shares of its stock, and the company raised its quarterly cash dividend.

The motorcycle maker had 8.6 million shares left on its previous stock repurchase program, meaning it could buy back as many as 28.6 million shares. Harley-Davidson had 221.1 million shares on the market as of Nov. 1.

The company also raised its dividend to 27.5 cents from 21 cents, an increase of 31 percent. Harley-Davidson's next dividend is payable March 7 to shareholders of record on Feb. 19.

Shares of Harley-Davidson lost 18 cents to $62.15 Wednesday and rose 72 cents to $62.87 in aftermarket trading. The stock is down 10 percent in 2014.